Asset recovery, also known as investment recovery or resource recovery, is the process of maximizing the value of unused, excess, or end-of-life assets through reuse, redeployment, or divestment. Businesses often use it to manage surplus inventory, refurbished goods, or equipment returned after leases, and it’s also common during liquidation to sell off a company’s assets.
Asset recovery, also known as investment recovery or resource recovery, is the process of maximizing the value of unused, excess, or end-of-life assets through reuse, redeployment, or divestment. Businesses often use it to manage surplus inventory, refurbished goods, or equipment returned after leases, and it’s also common during liquidation to sell off a company’s assets.
Source: Wikipedia "Asset recovery" · CC BY-SA 4.0
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